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Consolidated Construction Consortium Q2 FY27 results: net loss of ₹12.70 crore vs ₹77.51 crore profit
Consolidated Construction Consortium Limited reported revenue of ₹126.34 crore in Q2 FY27, up 7.6% from a year earlier, but swung to a net loss of ₹12.70 crore against profit of ₹77.51 crore in Q2 FY26. EBITDA improved from a loss of ₹25.56 crore to a loss of ₹12.22 crore, while the EBITDA margin moved to -9.7% from -21.8%. The results were approved by the board on 29 October 2026.
Key points
- Q2 FY27 consolidated revenue was ₹126.34 crore, up 7.6% from ₹117.37 crore in Q2 FY26 and 5.0% from ₹120.27 crore in Q1 FY27.
- The company reported a net loss of ₹12.70 crore in Q2 FY27, against a net profit of ₹77.51 crore in the year-ago quarter and a net loss of ₹5.49 crore in the previous quarter.
- EBITDA was a loss of ₹12.22 crore, an improvement of ₹13.34 crore from a loss of ₹25.56 crore in Q2 FY26, while the margin rose 12.1 percentage points to -9.7%.
- Total expenses fell 3.3% to ₹142.08 crore from ₹147 crore a year earlier, but other income declined 77.9% to ₹3.26 crore and a ₹0.21 crore exceptional charge was recorded against a ₹76.93 crore gain in Q2 FY26.
- Basic EPS was -₹0.28, down ₹2.01 from ₹1.73 in Q2 FY26 and down ₹0.16 from -₹0.12 in Q1 FY27.
How did Consolidated Construction Consortium perform in Q2 FY27?
On a consolidated basis, Consolidated Construction Consortium reported revenue of ₹126.34 crore for Q2 FY27, the July–September 2026 quarter. This was up 7.6%, or ₹8.97 crore, from ₹117.37 crore in Q2 FY26 and up 5.0%, or ₹6.07 crore, from ₹120.27 crore in Q1 FY27. Total income stood at ₹129.60 crore, down ₹2.50 crore or 1.9% from ₹132.10 crore a year earlier, while it rose ₹6.02 crore or 4.9% from ₹123.58 crore in the previous quarter.
EBITDA was a loss of ₹12.22 crore in Q2 FY27, compared with a loss of ₹25.56 crore in Q2 FY26 and a loss of ₹9.97 crore in Q1 FY27. The EBITDA margin improved 12.1 percentage points from -21.8% a year earlier, but weakened 1.4 percentage points from -8.3% in the previous quarter. Loss before tax was ₹12.70 crore against a profit of ₹62.03 crore in Q2 FY26 and a loss of ₹6.49 crore in Q1 FY27.
The company reported a net loss of ₹12.70 crore for the quarter, against a net profit of ₹77.51 crore in the year-ago quarter and a net loss of ₹5.49 crore in the previous quarter. Basic EPS was -₹0.28, down ₹2.01 from ₹1.73 a year earlier and ₹0.16 from -₹0.12 in Q1 FY27. On a standalone basis, revenue was ₹126.34 crore, other income was ₹3.26 crore and the net loss was ₹12.68 crore.
| ₹ crore | Q2 FY27 | Q1 FY27 | Q2 FY26 | YoY | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 126.34 | 120.27 | 117.37 | +7.6% | +5.0% |
| Other income | 3.26 | 3.32 | 14.73 | −77.9% | −1.8% |
| Total expenses | 142.08 | 133.10 | 147 | −3.3% | +6.7% |
| EBITDA | −12.22 | −9.97 | −25.56 | ||
| EBITDA margin | -9.7% | -8.3% | -21.8% | +12.1 pp | −1.4 pp |
| Profit before tax | −12.70 | −6.49 | 62.03 | turned to loss | |
| Tax | 0 | −1 | 0 | ||
| Net profit | −12.70 | −5.49 | 77.51 | turned to loss | |
| EPS (₹) | −0.28 | −0.12 | 1.73 | turned to loss |
EBITDA here is revenue from operations less operating costs (total expenses excluding finance costs and depreciation): before other income and exceptional items. Growth is shown only when both figures are positive. Source: Company's results filing (XBRL).
What changed in Consolidated Construction Consortium's costs and profit?
Total expenses fell 3.3%, or ₹4.92 crore, to ₹142.08 crore in Q2 FY27 from ₹147 crore in Q2 FY26, but rose 6.7%, or ₹8.98 crore, from ₹133.10 crore in Q1 FY27. Cost of materials consumed and services cost rose 119.7%, or ₹62.68 crore, to ₹115.06 crore from ₹52.38 crore a year earlier, while employee benefits expense increased 7.2%, or ₹1.04 crore, to ₹15.57 crore from ₹14.53 crore.
Other expenses fell 89.6%, or ₹68.08 crore, to ₹7.93 crore from ₹76.01 crore in Q2 FY26, and finance costs were down 13.6%, or ₹0.42 crore, at ₹2.67 crore against ₹3.09 crore. Depreciation fell 13.3%, or ₹0.13 crore, to ₹0.85 crore from ₹0.98 crore. Against the previous quarter, cost of materials rose 4.1%, employee costs rose 14.7% and other expenses rose 28.3%.
Other income declined 77.9%, or ₹11.47 crore, to ₹3.26 crore from ₹14.73 crore in the year-ago quarter, and was down 1.8%, or ₹0.06 crore, from ₹3.32 crore in Q1 FY27. Q2 FY26 included an exceptional gain of ₹76.93 crore, while Q2 FY27 carried an exceptional charge of ₹0.21 crore and Q1 FY27 had an exceptional gain of ₹3.03 crore. Tax was unchanged at ₹0 crore from a year earlier, against ₹1 crore in the previous quarter. The filings do not state the reasons for these movements.
| ₹ crore | Q2 FY27 | Q2 FY26 | Change | Change % |
|---|---|---|---|---|
| Cost of materials | 115.06 | 52.38 | +62.68 | +119.7% |
| Employee cost | 15.57 | 14.53 | +1.04 | +7.2% |
| Finance costs | 2.67 | 3.09 | −0.42 | −13.6% |
| Depreciation | 0.85 | 0.98 | −0.13 | −13.3% |
| Other expenses | 7.93 | 76.01 | −68.08 | −89.6% |
| Total expenses | 142.08 | 147 | −4.92 | −3.3% |
| Other income | 3.26 | 14.73 | −11.47 | −77.9% |
| Tax | 0 | 0 | 0 | |
| Exceptional items | −0.21 (charge) | +76.93 (gain) |
Source: Company's results filing (XBRL).
What do the balance sheet and cash flow show?
Total assets rose to ₹507.76 crore as on 30 September 2026 from ₹495.20 crore as on 31 March 2026. Total equity fell to ₹260.59 crore from ₹278.79 crore, while borrowings rose to ₹8.08 crore from ₹0.30 crore and cash rose to ₹55.20 crore from ₹14.69 crore. Inventories increased to ₹68.28 crore from ₹64.97 crore, trade receivables to ₹143.65 crore from ₹103.82 crore and trade payables to ₹132.46 crore from ₹124.78 crore.
For the first half of FY27, net cash used in operating activities was ₹74.35 crore, against ₹72.56 crore in H1 FY26. Net cash from investing activities was ₹107.16 crore, up from ₹13.23 crore, and net cash from financing activities was ₹7.69 crore against ₹0 crore a year earlier. Capital expenditure was ₹1.76 crore in H1 FY27, compared with ₹0.40 crore in H1 FY26.
| ₹ crore | As of 30 September 2026 | As of 31 March 2026 |
|---|---|---|
| Total assets | 507.76 | 495.20 |
| Total equity | 260.59 | 278.79 |
| Borrowings | 8.08 | 0.30 |
| Cash and equivalents | 55.20 | 14.69 |
| Inventories | 68.28 | 64.97 |
| Trade receivables | 143.65 | 103.82 |
Source: Company's results filing (XBRL).
| ₹ crore | H1 FY27 | H1 FY26 |
|---|---|---|
| Cash from operations | −74.35 | −72.56 |
| Cash from investing | 107.16 | 13.23 |
| Cash from financing | 7.69 | 0 |
| Capital expenditure | 1.76 | 0.40 |
Source: Company's results filing (XBRL).
How has Consolidated Construction Consortium done over the last 8 quarters?
Revenue has risen year on year in each of the last eight quarters. It bottomed at ₹44.96 crore in Q4 FY25 and reached a recent peak of ₹126.34 crore in Q2 FY27, the highest figure in the series shown, after ₹117.37 crore in Q2 FY26 and ₹120.27 crore in Q1 FY27.
Profit has moved in the opposite direction. The net profit peak in the series was ₹77.94 crore in Q1 FY26, followed by ₹77.51 crore in Q2 FY26, before the company moved to a loss of ₹2.00 crore in Q4 FY26 and a loss of ₹5.49 crore in Q1 FY27. The Q2 FY27 net loss of ₹12.70 crore was the deepest of the loss-making quarters shown.
The EBITDA margin bottomed at -54.6% in Q3 FY25 and improved to -21.8% in Q2 FY26. It turned positive at 1.3% in Q3 FY26, then was negative again at -8.0% in Q4 FY26, -8.3% in Q1 FY27 and -9.7% in Q2 FY27.
What did the auditors point out?
ASA & Associates LLP issued a limited review report with a qualified conclusion for the quarter and period ended 30 September 2026, covering both the standalone and consolidated financial results. The auditors said they do not express an audit opinion, as a review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and does not enable them to obtain assurance that they would become aware of all significant matters that might be identified in an audit.
The auditors drew attention to Note No. 6 regarding non-receipt of confirmation and consequential reconciliation of balances from loans and advances, sundry creditors, and other liabilities. They said that, pending receipt of these confirmations and consequential reconciliations or adjustments, if any, the resultant impact on the statement is not ascertainable.
They also reported that the company had not provided sufficient and appropriate audit evidence relating to the identification of micro and small enterprises and the dues thereon, and that the company does not provide for interest on dues to micro and small enterprises as required. The auditors stated they were unable to comment on the possible impact of earlier years' statutory dues on the loss for the quarter and period and on the carrying value of liabilities.
How did Consolidated Construction Consortium shares react?
The results were announced after market on 29 October 2026. The stock was up 2.1% five minutes after the filing appeared, then fell 2.3% after 15 minutes and 3.4% after 30 minutes. On the reaction day, the stock closed 5.3% below its previous close of ₹11.40, and by the next day's close it was down 9.6% from that pre-results close.
Earlier results-day moves were mixed: -0.5% on 28 July 2026, -9.1% on 28 April 2026, 10.0% on 30 January 2026, -5.8% on 28 October 2025, 2.9% on 28 July 2025, -2.8% on 28 January 2025 and -1.0% on 29 October 2024.
| After the filing | Stock | Residential Commercial Projects median |
|---|---|---|
| 5 minutes | +2.1% | |
| 15 minutes | −2.3% | |
| 30 minutes | −3.4% | |
| Reaction day | −5.3% | −1.0% |
| Next day | −9.6% | −0.5% |
Minutes are measured from the price when the filing appeared; days from the previous close. Source: MarketPing price-reaction measurement.
| Results filed on | Stock on the reaction day |
|---|---|
| 28 July 2026 | −0.5% |
| 28 April 2026 | −9.1% |
| 30 January 2026 | +10.0% |
| 28 October 2025 | −5.8% |
| 28 July 2025 | +2.9% |
| 28 January 2025 | −2.8% |
| 29 October 2024 | −1.0% |
Source: MarketPing price-reaction measurement.
How did other Residential Commercial Projects companies do?
Thirty-four other Residential Commercial Projects companies had filed results for the quarter by 4 November 2026. Their median revenue growth was 22.4%, compared with 7.6% for Consolidated Construction Consortium in Q2 FY27. Of the peers, 13 grew revenue more slowly than the company and 21 grew faster.
Among the 34 peers compared on profit, 20 reported higher profit than a year earlier. The company's Q2 FY27 result was a net loss, while its revenue growth was below the peer median for the quarter.
| Consolidated Construction Consortium revenue growth (YoY) | +7.6% |
|---|---|
| Median of 34 other Residential Commercial Projects companies | +22.4% |
| Companies with slower revenue growth than Consolidated Construction Consortium | 13 of 34 |
| Companies with faster revenue growth than Consolidated Construction Consortium | 21 of 34 |
| Companies whose net profit rose | 20 of 34 |
Source: Filed results (XBRL) of the industry's companies.
Quick answers
What was Consolidated Construction Consortium's revenue in Q2 FY27?
Revenue from operations was ₹126.34 crore, up 7.6% from ₹117.37 crore in Q2 FY26 (consolidated).
Did Consolidated Construction Consortium make a profit in Q2 FY27?
No. It reported a net loss of ₹12.70 crore, against a net profit of ₹77.51 crore in Q2 FY26.
What was Consolidated Construction Consortium's EPS in Q2 FY27?
Basic loss per share was ₹0.28, against ₹1.73 in Q2 FY26.
How did Consolidated Construction Consortium shares react to the Q2 FY27 results?
On the reaction day the stock moved −5.3% from the previous close; the median Residential Commercial Projects stock moved −1.0%.
When did Consolidated Construction Consortium announce its Q2 FY27 results?
On 29 October 2026, in a filing to the BSE.
Sources
- Board Meeting Intimation for Unaudited Financial Results For The Quarter Ended 30Yth September, 2026 (BSE, 14 October 2026) · PDF
- Board Meeting Outcome for Approval Of Unaudited Financial Results (BSE, 29 October 2026) · PDF
- Unaudited Financial Results 30.9.2026 (BSE, 29 October 2026) · PDF
How this was written: every figure in the tables and charts is calculated from the company’s filed results (XBRL) and MarketPing’s price measurements. The text is drafted with AI from those figures and the filings, and a checker removes any sentence carrying a number it cannot trace to them. How we write these.
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